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1999-035 O INANCENO AN ORDINANCE DIRECTING THE ISSUANCE AND PUBLICATION OF NOTICE OF SALE OF CITY OF DENTON GENERAL OBLIGATION BONDS, AND PROVIDING FOR AN EFFECTIVE DATE THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON THE COUNCIL OF THE CITY OF DENTON HEKEBY ORDAINS Section I That the City Secretary ,s directed to issue a Notice of Sale of Bonds in substantially the following form OFFICIAL NOTICE OF SALE CITY OF DENTON, TEXAS $8,215,000 GENERAL OBLIGATION BONDS SERIES 1999 The City Councd of the City of Denton, Denton County, Texas, will receive sealed bids at the Municipal Building, 215 E McKmney Street, in the Oty of Denton untd 11 00 a m, C D T, Tuesday, March 23, 1999 for the purchase of $8,215,000 General Obligation Bonds, Series 1999 to be dated March 15, 1999, and to mature serially on February 15 of each year 2000 through 2019 Sealed bids, plainly marked "Bid for Bonds", should be addressed to "Honorable Mayor and Oty Counczl, City of Denton, Texas", and must be submitted on the "Offic~ai Bid Form" to be made avadable by the Oty Council prior to the date of sale All sealed b~ds will be publicly opened and tabulated before the Council Copies of the "Official Statement", "Notice of Sale", and "Official Bid Form" are being prepared and will be marled to prospective bidders on or about March 9, 1999, and will be furnished to any prospective bidder upon request, by First Southwest Company, 201 South Mare, Suite 1320, Fort Worth, Texas 76102, F~nanc~al Advisor to the The Oty reserves the right to reject any and all b~ds and to waive any and all irregulant~es By order of the Oty Council of the City of Denton, Texas JENNIFER K WALTERS City Secretary City of Denton, Texas Section II That sa~d Notice shall be pubhshed once ~n The Bond Buyer, New York, New York, which Is a national pubhcat~on regularly and primarily carrying financial news and municipal bond sale notices, and sa~d Notice also shall be pubhshed once ~n the "Denton R.ecord-Chron~cle", wluch has been designated as the official newspaper ofthe C~ty of Denton Sa~d pubhcat~ons shall be made at least thirty days prior to the day set for receiving b~ds Section llI That this Ordinance shall become effective ~mmed~ately upon its passase and approval PASSED AND APPROVED tlus 2nd day of February, 1999 ~Jack Mtller, May6~' ~ ATTEST ~nnitae~ V~ilters, City Secretary APPROVED AS TO LEGAL FORM Herbert L Prouty, CltyAaomey ~ ? M~:CALL, PARKHURST & HORTON L LP 600 CONGRESS AVENUE 717 NORTH HARWO00 700 N ST MARYS STREET 1250 ONE AMERICAN CENTER NINTH FLOOR 1225 ONE RIVERWALK PLACE AUSTIN TEXAS ?~701~:~.~ DALLAS TEXAS 7520165~7 SAN ANTONIO TEXAS 78205 3503 February 11, 1999 USP DELIVERY Denton Record-Chromcle 314 E Fhckory Denton, Texas 76201 Attention Betty Legal Classified Re Official Notice of Sale - City of Denton, Texas General Obligation Bonds, Series 1999, $8,215,000 Dear Betty Enclosed is a copy of an Offi~al Notice of Sale to be published in the legal notice section of your newspaper on Wednesday, February 17, 1999 A~er pubhcatlon, please return to us four affidavits of the publication for the notme Please send your statement for the publication and the affidawts &rectty to me Thanks for your help If you have any problems w~th the enclosed, please do not hesitate to call me Sincerely yours, McCall, Parkhurst & Horton L L P L E (Ted) Bnzzolara, III LEB be EnclosUres cc ~s, Jenmfer Walters City of Denton ~ OFFICIAL NOTICE OF SALE CITY OF DENTON, TEXAS $8,215,000 GENERAL OBLIGATION BONDS SERIES 1999 The City Council of the City of Denton, D~nton County, Texas, will rec~ve ~!ed bids at the Mumc~pal Braiding, 215 E McYanney Street, in the City of D~nton until 11 00 a m, C D T, Tuesday, March 23, 1999 for th~ porclms~ of $8,215,000 G~neral Obhgat~on Bonds, Series 1999 to be dated March 15, 1999, and to nmtur~ serially on Februa~ 1 $ of each year 2000 flu'ough 2019 S~aled bids, plainly marked "Bid for Bonds", should be addressed to #Honorable Mayor and City Conuefl, City of Denton, Texas", and must be subnut~ed on the #Official Bid Form" to be made avmlable by the C~ty Councul prior to the date of sale All sealed b~ds will be pubhcly opened and tabulated before the Counol Copies oftbe 'Official Siatement~, "Nouce of Sale", and "Officual Bid Form" are being prepared and will be marled to prospocUve b~dders on or about Mawh 9, 1999, and vnll be furmsbed to any prospective bidder upon request, by First Southwest Company, 201 South Mmn, Sm~ 1320, Fort Worth, Texas 76102, Fmanaul Advisor to the Cfly The City reserves the right to reject any and all bids and to wmve any and all m~ulanues By order of the Cl~ Counol of the City of Denton, Texas JENNI~-~R K WALTERS City Secretary City of Denton, Texas M(;CALL, PARKHURST & HORTON L LP 600 CONGRESS AVENUE 717 NORTH HARWOOD 700 N ST MARYS STREET I~50 ONE AMERICAN CENTER niNTH FLOOR 1225 ONE RIVERWALK PLACE February 11, 1999 UP8 D~LIV~RY The Bond Buyer One State Stn~ Plaza New York, New York 10004 Arm Warren Bnggs Lzgal Advertising Department Re City of Dentou, Texas General Obligation Bonds, Series 1999, $8,215,000 Dear Mr Bnggs Enclosed is a "camera ready" Officutl Notiee of Sale of Bonds to be published one ttme m the Wednesday, February 17 edition of The Bond Buyer After pubhcauon please send me four copies of your standard form of Affidavit of Publication, voth clippings aRached Your statement for the publication oftlus Notice should be billed to the following Ms Diana Ort~ Director of Fis~al Operations City of D~nton 215 E McKmney Street De~ton, Texas 76201 Should you have any questions, please call me Sincerely yours, McCall, Parkhurst & Horton L L P L E (Ted) Bn~olara, III LEB be Enclosure cc t/M~ Jemufer Walters Ms Dmna Oraz OFFICIAL NOTICE OF SALE CITY OF DENTON, TEXAS $8,215,000 GENERAL OBLIGATION BONDS $ER~S 1999 The City Coun~q I of the City of Denton, Denton County, Texas, will receive sealed bids at the Mumclpal Braiding, 215 E MclOuney Street, in the City of Denton until 11 00 a m, C D T, Tuesday, March 23, 1999 for the purch,~e of $8,215,000 General Obhga~on Bonds, Series 1999 to be dated March 15, 1999, and to mature sennlly on February 15 of each year 2000 through 2019 Sealed bids, phunly marked "Bid for Bonds", should be add~ssed to "Honorable Mayor and City Council, City of Denton, Texas", and must be subnutted on the "Officud Bid Form" to be made avmlable by the City Council prior to the date of sale All ~led bids wall be publicly opened and tabulated before the Councul Copies of the "Officusl Statement", "NoUce of Sale", and "Officml Bid Form" ate being prepared and will be totaled to prospective bidders on or about March 9, 1999, and will be furmshed to any prospec~ve bidder upon request, by First Southwest Company, 201 South Mmn, State 1320, Fort Worth, Texas 76102, Finaucml Adwsor to the City The City reserves the right to reJeCt any and all bids and to w'mve any und all lrregulanUes By order of the C~ty Council of the City of Denton, Texas JENNII-'P.~R K WALTERS City Secretary City of Dunton, Texas